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Bid Wars, Inc. is selling 1,200 shares of stock through a Dutch auction. The bids they received are: Bidder Quantity Price A 100 $27 B

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Bid Wars, Inc. is selling 1,200 shares of stock through a Dutch auction. The bids they received are: Bidder Quantity Price A 100 $27 B 600 $26 C 800 $22 D 1,200 $21 E 1,500 $19 How much cash will Bid Wars receive from selling these shares of stock? Ignore all transaction and flotation costs. A) $29,300 B) $32,400 Os $28,720 D) $25,200 E) $26.400

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